Ex Nortel CEO To Lead AEA Holding's PE Investing In India And China
Thu, 04/27/2006 - 07:12 — Sahad P VBill Owens, the former chief executive of Nortel and former high-ranking US military official, will join US private equity firm AEA Holdings to lead firm's expansion into China and India. An official announcement is expected this week. AEA was formed last year out of the merger of AEA Investors, a leading buy-out firm on Wall Street, and Aetos Capital, a property investor and hedge fund-of-funds manager.
The combined group now has about $10 billion under management. Owens will be based out of Hong Kong where he will oversee AEA's investments in China, India and south-east Asia. [Via MSNBC]
Business Standard reports that Bill Owens has joined Wipro Ltd as an additional director with effect from July 1, 2006. At present, Owens is on the boards of Polycom Inc, a media communications company; Daimler Chrysler AG, an automotive company; Sprint Wireline, a communications company; and AEA Investors LLC, an investment company. He was also an Admiral in the US Navy and V-C of the Joint Chiefs of Staff.
